The Toronto Real Estate Board released the September 2009 statistics for the GTA. The number of sales for the month of September was 8,196 in the GTA compared to 6,424 in September of 2008, representing a 28% increase.
The number of days on the market decreased from 36 in 2008 to 27 in 2009.
In the Central District of Toronto in September 2009, the average price was $519,583 and the median price was $390,000. The average percent to list came in at 101%. The average number of days on the market was 23 days compared to the GTA average of 27 days.
Overall, over $779 Million worth of real estate traded in the central core of Toronto during the month of September.
Source: The Toronto Real Estate Board